Millennial Money

Millennial Money

Millennial Money educates millennials about the fundamentals of personal finance. The column is written by staff members who fall into the millennial generation and who are themselves grappling with issues ranging from budgeting to buying a home to saving for long-term goals.

July 3, 2019

Wipe Out Debt, One Step at a Time

Pay off debt with the highest interest first, stick to a schedule and automate payments.

See More On: Getting Out of Debt | Family Finances

June 6, 2019

The Talk Before Moving In Together

Merging households and finances is a major step. Be sure to have an open and honest dialogue about each other's income and spending habits beforehand.

See More On: Family Finances | Financial Planning

May 9, 2019

Target-Date Funds Might Not Be Right for You

Branching out and investing in a mix of funds can give you a portfolio that’s cheaper, better diversified and more in line with your needs.

See More On: Mutual Funds | Stocks & Bonds

April 4, 2019

Get a Head Start on College Savings

It’s a daunting prospect. In 18 years, attending an in-state public college for four years will likely cost a total of about $233,000.

See More On: Paying for College | Saving Money

March 6, 2019

Don’t Be Afraid to Do Your Own Taxes

Even if you have to pay for tax software, it’s cheaper than hiring a tax preparer.

See More On: Tax Prep & Filing | Tax Planning

January 31, 2019

Emergency Funds Can Reduce Stress

Your savings can bail you out of a situation you may not think of as an emergency.

See More On: Family Finances | Saving Money

January 3, 2019

Monopoly for a New Generation

The game plays into millennial stereotypes, but in reality we’re not much different than other generations.

See More On: Family Finances | Business Costs & Regulation

November 29, 2018

Young & Scrappy -- And Saving for Retirement

No excuses. You don’t need a 401(k) or employer match to save.

See More On: Saving for Retirement | Saving Money

October 31, 2018

Earn Extra Income With a Side Hustle

Many people choose a business that takes advantage of skills they’ve developed at a 9-to-5 job.

See More On: Careers | Financial Planning

October 4, 2018

Talk to Your Parents About Caregiving

While they're still active and healthy, you should broach the subject of what assistance they'll expect from you as they age.

See More On: Caregiving | Family Finances | Financial Planning

August 30, 2018

Why Everyone Needs an Estate Plan

Even if you're unmarried and without dependents, you should still have a will.

See More On: Estate Planning | Wealth Management

August 2, 2018

Why You Need to Invest in Funds Before Stocks

When you're just starting out with investing, you first need to build a diversified core before betting on individual stocks.

See More On: Stocks & Bonds | Tech Stocks

June 7, 2018

The Benefits of Being Your Own Boss

Self-employment comes with extra flexibility—a trait that millennials prize—but it can also complicate your financial life.

See More On: Small Business | Business Costs & Regulation

May 9, 2018

Best Ways to Pay for Grad School

Getting an advanced degree isn't cheap. But you may not need to go into debt.

See More On: Paying for College | Student Loans

April 4, 2018

The Risks of Paying Peer to Peer

Fraudsters are using payment apps such as Paypal and Zelle to trick you out of your money.

See More On: Smart Buying | Technology

March 8, 2018

The Power of Living Within Your Means

Budgeting is work, but it allows you to spend your money on what you value most.

See More On: Budgeting | Financial Planning | Getting Out of Debt

January 31, 2018

How I Bought My First Home

Millennials came of age as the housing bubble burst and lenders put credit in a vise. Now we make up the largest group of home buyers.

See More On: Buying & Selling a Home | Home Remodeling & Maintenance

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